Recovery & insolvency
If your business gets into financial difficulty, we will help you navigate a path to ensure the best possible outcome for you.
We never forget the level of personal and financial commitment you have made in building and maintaining your business or that the majority of stakeholders (investors, employees, suppliers, customers) would prefer it to survive.
If your company becomes unable to pay its debts as they fall due, then you need help from someone whose expertise goes beyond ticking the right legal boxes. Our expertise is based on our ability to get to grips with the situation quickly, to build a relationship with you so that you trust our judgment, to identify your objectives, and to develop a plan of action with you.
We can help you restructure your business to protect and preserve the successful parts, and to ensure that your ideas and business information remain under your control.
If formal insolvency (company administration or liquidation) is necessary then we can guide you through the process and show how you might rescue areas of the business.
Your personal exposure increases once your business cannot pay its liabilities on time, and we can show you how to minimise these risks. We know how worrying and distracting this can be. The principal members of our team have previously acted for the government in investigating and bringing proceedings against over 3000 directors, giving us detailed knowledge of the behaviours that give rise to personal claims.
Our wealth of experience makes us the perfect partner to devise the best defence strategy, which is led by a detailed cost-benefit analysis from the outset.
The team includes a number of advocates who regularly represent clients in courts in London and across the South East.
For more information on recovery & insolvency and to start a conversation on how we can help you please contact Tania Clench, Associate, Recovery & Insolvency.